. >> john, i want to ask you about president obama's speech today about the nation's growing income divide, but first, let's listen to this clip. >> the idea that a child may never be able to escape that poverty because she lacks a descent education or health care or a community that views her future as their own, that should offend all of us and compel us to action. we're a better country than this. >> so, john, what does the budget have to do with the speech the president gave today? >> well, the president has two goals. one -- the first is do no harm to the economy and if they can get a budget deal, avoid a shut down, that would meet the goal but longer term he has more protective things, raise the minimum wage and spend on education and he may not get those out of this congress but what he's hoping to do is plow the ground for future years, maybe future presidents to make progress on the priorities. >> i'm sure it will create heated debate. thanks for the update, john harwood from washington. >>> still ahead, how safe is your pension whether you work for a city, state or private compan